Norwich Union is to offer IFAs 5% flat initial commission for all single premium investments in four investment funds.
Norwich Union is to offer IFAs 5% flat initial commission for all single premium investments in four investment funds.
These special terms will be available from 28 February to 1 July 2005 and apply to the following funds:
- Norwich Active Protector Fund - a brand new fund (launched on 1st March 2005) offering protection against falls in the fund price
- Norwich UK Ethical Fund - an award-winning equity fund for ethical investors
- Norwich Distribution Fund - a mixed asset fund for cautious investors who want growth, income, or both
- Norwich Managed High Income Fund - a high-yield bond fund for income investors
The offer will apply to OEIC, ISA and ISA transfer business. One for one commission sacrifice is still available subject to a minimum initial charge of 0%.
Neil Davies, head of investment at Norwich Union, said: "This offer applies to a range of funds offering a mix of assets, sectors and investment strategies, each aligned to a different customer need, be it growth, income, or guarantees. The offer will be one of the most valuable in the market this ISA season."
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Press office contacts:
David Gwyer 01904 452828 Out of hours 07800 699508
Rob Pell 01904 452659 Out of hours 07800 699563
Louise Soulsby 01904 452617 Out of hours 07800 699526
James Evans 01904 452791 Out of hours 07800 699525
Notes to editors
- Norwich Union is the UK's largest insurer. It is the UK's largest provider of life, pensions and investment products and one of the leading IFA providers. IFAs provide around 75% of the company's long-term savings business in the UK.
- Norwich Union has strategic alliances with building societies and other leading UK brand names including Tesco Personal Finance and The Royal Bank of Scotland Group. Norwich Union’s news releases and a selection of images are available from Aviva's internet press centre at www.aviva.com/media.